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SK, Lotte raided over corruption scandal


11-24-2016 19:15 BJT

Prosecutors raided the finance ministry and the headquarters of SK and Lotte groups on Thursday. The country's most powerful companies have been caught up in a snowballing corruption scandal engulfing President Park Geun-Hye.

They have been accused of making huge donations to foundations controlled by Park's secret confidante, Choi Soon-Sil, to win lucrative state licences for duty-free businesses. Prosecutors raided the Seoul headquarters of the two groups and the finance ministry to confiscate documents on the duty-free operations.

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